Here are the latest trends in insurance fraud
“Re-vinning” of stolen vehicles — where thieves steal a vehicle, put what appears to be a legitimate vehicle identification number (VIN) on the front dash and then sell it to an unsuspecting customer — is increasing as a fraud trend, Équité Association told Canadian Underwriter Tuesday.
Équité Association released its list of Top 10 stolen vehicles in Canada Wednesday. Bryan Gast, the association’s vice president of investigative services, noted that re-vinning is increasing as a fraud trend. Other continuing trends include rising electronic auto theft across the country as more vehicles are equipped with technology like push button start, and high-end SUVs that continue to be stolen for export.
Article Written By: Jason Contant
Original Article Posted on: December 8, 2021
Link to Original Article: https://www.canadianunderwriter.ca/insurance/here-are-the-latest-trends-in-insurance-fraud-1004215350